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Gold is now selling for $1,236.50 per oz. Take 310lbs X 16 oz= 4960 oz X $1236.50 = $6,133,040.00 or $6.133 million.
However the standard for gold, silver, etc is in Troy oz and pounds. The answer therefore would be 75% X $6.133million =$ 4.60million.
Whichever fits best for your answer.
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how much is 24 pounds of gold worth
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The value of 5 pounds of gold in a rock would depend on the purity level of the gold and current market prices. Gold is typically measured in troy ounces, so you would need to calculate the weight of 5 pounds in troy ounces and then multiply it by the current price of gold to determine its worth. You may also need to consider additional factors such as refining costs.
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